Skip to main content
SpringerLink
Log in

The Supply-Side Effects of Economic Policy

  • Book
  • © 1981

Overview

Editors:
  1. Laurence H. Meyer

    1. Washington University, USA

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Economic Policy Conference Series (EPCS, volume 1)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (14 chapters)

  1. Front Matter

    Pages i-xii
    Download chapter PDF

  2. Theory and Evidence

    1. Front Matter

      Pages 1-1
      Download chapter PDF

    2. Tax Rates, Factor Employment, and Market Production

      • Victor A. Canto, Douglas H. Joines, Arthur B. Laffer
      Pages 3-32

    3. An Econometric Model Incorporating The Supply-Side Effects of Economic Policy

      • Michael K. Evans
      Pages 33-80

    4. Thoughts on the Laffer Curve

      • Alan S. Blinder
      Pages 81-92

    5. Discussion of the Evans Paper

      • Steven Braun
      Pages 93-101

    6. Discussion of the Evans Paper

      • Albert Ando
      Pages 103-111

  3. Saving and Investment

    1. Front Matter

      Pages 113-113
      Download chapter PDF

    2. Tax Policy and Corporate Investment

      • Lawrence H. Summers
      Pages 115-148

    3. Estimates of Investment Functions and Some Implications for Productivity Growth

      • Patric H. Hendershott
      Pages 149-163

    4. Discussion of the Summers Paper

      • Norman B. Ture
      Pages 165-170

  4. Labor Supply and the Natural Rate of Unemployment

    1. Front Matter

      Pages 171-171
      Download chapter PDF

    2. Income and Payroll Tax Policy and Labor Supply

      • Jerry Hausman
      Pages 173-202

    3. Transfers, Taxes and the NAIRU

      • Daniel S. Hamermesh
      Pages 203-229

    4. Discussion of the Hausman Paper

      • Jeffrey M. Perloff
      Pages 231-236

    5. Discussion of the Hamermesh Paper

      • Fredric Raines
      Pages 237-241

  5. Luncheon and Dinner Speeches

    1. Front Matter

      Pages 243-243
      Download chapter PDF

    2. The Power of Negative Thinking: Government Regulation and Economic Performance

      • Murray L. Weidenbaum
      Pages 245-254

    3. The Politics of Supply-Side Economics

      • Orrin G. Hatch
      Pages 255-262

  6. Back Matter

    Pages 263-266
    Download chapter PDF
Back to top

Keywords

About this book

On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.

Editors and Affiliations

  • Washington University, USA

    Laurence H. Meyer

Bibliographic Information

  • Book Title: The Supply-Side Effects of Economic Policy

  • Editors: Laurence H. Meyer

  • Series Title: Economic Policy Conference Series

  • DOI: https://doi.org/10.1007/978-94-009-8174-4

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Center for the Study of American Business, Washington University in St. Louis, and the Federal Reserve Bank of St. Louis 1981

  • Softcover ISBN: 978-94-009-8176-8Published: 05 November 2011

  • eBook ISBN: 978-94-009-8174-4Published: 06 December 2012

  • Series ISSN: 0924-5421

  • Edition Number: 1

  • Number of Pages: 280

  • Topics: Macroeconomics/Monetary Economics//Financial Economics

Publish with us

Policies and ethics

Back to top

Search

Navigation